Interest on capital or loan received by a partner from a firm is:

Related MCQs

• Salary, bonus, commission or remuneration due to or received by a working partner from the firm is taxable under the head.
• The interest on loan paid by the Government of India to a non-resident outside India is _______________in India.
• Income received or deemed to be received in India is taxable for
• The tax incidence for company or firm in which income received in India and company is resident is .
• The tax incidence for company or firm in which income received in India and company for non-resident is .
• The tax incidence for company or firm in which income received outside India from a source controlled from India for resident is .
• The tax incidence for company or firm in which income received outside India from a source controlled from India for non-resident is .
• Gifts received from relatives on the occasion of marriage would be
• Gifts received from others on the occasion other than marriage would be taxable if the aggregate amount exceeds
• Gratuity received by a government employee is.......................